Nvidia Backs Bengaluru AI Startup Simplismart in $14M Series B

29 Oct 2026, 4:20 pm · 20h ago · 1 min read · Investment Guru India

Amount

$14M

Stage

Series B

Lead

Dallas Venture Capital

AI chipmaker Nvidia has invested in Bengaluru-based AI deployment startup Simplismart as part of its $14 million Series B funding round. The round was led by Dallas Venture Capital, with participation from Accel, Shastra VC, and Micromax, valuing the four-year-old startup at approximately $100 million post-money. Founded in 2022 by ex-Oracle engineer Amritanshu Jain and ex-Google engineer Devansh Ghatak, Simplismart provides enterprise software that optimizes model deployment, reduces latency, and lowers computing infrastructure costs without requiring substantial extra hardware.